David Sherfinski
Articles by David Sherfinski
Biden tax plans hurting swing district House Dems: Polls
President Biden's infrastructure and tax proposals are already denting several vulnerable House Democrats, according to polling released Tuesday that portends a tough fight for the party to retain control of the chamber after the 2022 midterm elections. Published May 18, 2021
Joe Biden backs ‘ceasefire’ in Benjamin Netanyahu call
President Biden on Monday expressed support for a "ceasefire" in a phone call with Israeli Prime Minister Benjamin Netanyahu amid escalating fighting between Hamas and Israel. Published May 17, 2021
Joe Biden, Kamala Harris 2020 tax returns released by White House
President Biden and first lady Jill Biden reported an adjusted income of just over $600,000 in 2020 and paid $157,414 in federal income tax for an effective rate of 25.9%, according to returns the White House released Monday. Published May 17, 2021
Israeli strike kills Palestinian commander as cease-fire calls mount
Fresh Israeli strikes on Gaza on Monday killed a top military official of Palestinian Islamic Jihad, which the State Department considers an Iranian-backed terrorist group blamed for some of the thousands of rockets launched at Israeli in recent days. Published May 17, 2021
Top Democrats pile on campaign to make child tax break that was expanded now permanent
Top congressional Democrats on Monday pressed their campaign to make permanent the COVID-19 boost to the child tax credit, advancing another front in the party's quest to expand the welfare state as they essentially dared Republicans to try to roll back the new benefits. Published May 17, 2021
The Unsilenced Majority: Conservatives set up shop to fight cancel culture, corporate ‘wokeism’
A handful of heavyweights in the conservative movement on Monday launched an advocacy group designed to push back against what the organization describes as a rising tide of "cancel culture" and "corporate wokeism." Published May 17, 2021
Biden reverses Trump orders, including several tied to monument defacement
President Biden on Friday issued an executive order that revokes a handful of orders from former President Trump, including several tied to the defacement and vandalism of public monuments amid last year's racial justice protests. Published May 14, 2021
National Association of Manufacturers’ Jay Timmons warns against return to ‘archaic’ tax policies
Jay Timmons, president and CEO of the National Association of Manufacturers, used his annual address on the state of the industry to warn against returning to "archaic" tax policies and enacting pro-union legislation championed by Democrats. Published May 14, 2021
Narrowing the ‘tax gap’ rises to forefront amid impasse over infrastructure pay-fors
The "tax gap," or the difference between taxes owed and taxes paid, is emerging as one of the few conceivable ways to finance a big chunk of President Biden's infrastructure priorities if both sides dig in on their "red lines" on taxes. Published May 13, 2021
Biden says COVID-19 shots to begin Thursday for children 12 and older: ‘One more giant step’
President Biden said U.S. adolescents will begin receiving COVID-19 shots on Thursday, after a federal advisory panel had endorsed the Pfizer-BioNTech vaccine for ages 12 to 15. Published May 12, 2021
Joe Biden IRS audit proposal raises accountability, privacy issues
President Biden's push to enlist a beefed-up IRS to wring additional money out of large corporations and wealthier taxpayers is being greeted with skepticism from the banking industry and stoking fears that tax collectors will mishandle law-abiding Americans' deposit and withdrawal information. Published May 6, 2021
Biden frames spending push as ‘choice’ between benefiting wealthy versus working families
President Biden on Thursday framed his push for a $4 trillion economic agenda and higher taxes on corporations and wealthier Americans as a "choice" between who in the country should benefit. Published May 6, 2021
Most Americans think their taxes will increase over the next year: Gallup poll
Most Americans believe their taxes will increase over the next 12 months, according to Gallup polling released on Thursday. Published May 6, 2021
Biden administration backs IP waiver for COVID-19 vaccines
The Biden administration on Wednesday threw its support behind waiving intellectual property protections for COVID-19 vaccines. Published May 5, 2021
Biden: I’m not willing to deficit spend on new economic priorities
President Biden on Wednesday issued a forceful defense of his plans to increase taxes on corporations and the wealthy in order to fund his $4 trillion-plus economic agenda, saying he's open to compromise on corporate taxes but that he's not going to add to a sea of red ink. Published May 5, 2021
Biden: Republicans are in the midst of a ‘mini-revolution’
President Biden said Wednesday that Republicans are in the midst of a "mini-revolution" as party leaders move to oust Rep. Liz Cheney of Wyoming from her House leadership post over her persistent criticisms of former President Trump. Published May 5, 2021
Biden’s ‘families’ plan costs $700B more than WH estimate: Model
President Biden's $1.8 trillion families plan actually costs $2.5 trillion and would shrink the economy in the long run because of escalating debt, according to projections released Wednesday by an influential budget model out of the University of Pennsylvania. Published May 5, 2021
Unemployment benefits undercut businesses as Democrats’ ‘automatic stabilizers’ keep people at home
President Biden's push to extend supercharged unemployment benefits based on the jobless rate or other economic indicators is frustrating small business owners who are struggling to lure employees back to the workforce. Published May 4, 2021
White House defends Janet Yellen after talk of higher interest rates
The White House on Tuesday defended Treasury Secretary Janet Yellen after she said interest rates might eventually have to rise to keep the U.S. economy from overheating amid a massive infusion of federal spending. Published May 4, 2021
Janet Yellen: We need to make sure deficits stay ‘small and manageable’
Treasury Secretary Janet Yellen said that it is important for the U.S. to get its fiscal house in order, as President Biden pushes an additional $4 trillion in spending on infrastructure and social programs. Published May 4, 2021
